Hemnet Group (OTCMKTS:HMNTY) Rating Increased to Hold at Zacks Research

Hemnet Group (OTCMKTS:HMNTY) was upgraded by equities researchers at Zacks Research to a “hold” rating in a note issued to investors on Thursday,Zacks.com reports.

Separately, Cantor Fitzgerald upgraded Hemnet Group to a “hold” rating in a research report on Wednesday, September 17th. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Hemnet Group Stock Up 2.6%

Shares of HMNTY opened at $17.95 on Thursday. The stock has a 50-day moving average of $18.90 and a two-hundred day moving average of $24.32. Hemnet Group has a one year low of $16.78 and a one year high of $40.22.

Hemnet Group Company Profile

Hemnet Group AB (OTCMKTS: HMNTY) is a leading digital real estate marketplace based in Stockholm, Sweden. The company operates Sweden’s largest property portal, offering homebuyers, sellers and real estate agents a centralized platform for residential property listings. Through its website and mobile applications, Hemnet facilitates the search for homes for sale and rent, providing detailed property descriptions, high-resolution images and interactive maps to help users make informed decisions.

Since its founding in 1998, Hemnet has expanded its services beyond basic listings to include market analysis tools, pricing estimates and trend reports that offer insights into regional property values and sales activity.